Question
In an announced Merger, Anise Inc. has agreed to buy Largesse for $75 for share; Largesse has 250M shares outstanding. Anise will use its stock
In an announced Merger, Anise Inc. has agreed to buy Largesse for $75 for share; Largesse has 250M shares outstanding. Anise will use its stock as consideration, which when deal is announced is trading for $45 per share. How many shares will Anise have to issue given the prices at the time the deal was announced and the offer Anise made ________________________________?
If this is a floating rate share deal, and if Largesse's stock rises to $76 and Anise falls to $41 by closing, how many shares will Anise have to issue to close the deal ______________________________?
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